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Business and Economy

Chinese company invests $50m in new building materials factory in Abuja

• Unveil product at Abuja international housing show The Nigeria housing construction and manufacturing sector has received a big boost as...

Inflation pushing Nigeria, others to the brink — IMF

THE International Monetary Fund has said inflation, debt, and forex crisis is pushing the Nigerian economy and other African economies to the brink.The Managing...

GAWAL Introduces High Yield Rice Seedlings at Field Event

By Bobby OshokeThe Green Agriculture West Africa LTD (GAWAL) a company partly sponsored by the China country office of Bill and Melinda...

No Plans To Withdraw Naira Notes From Circulation – CBN

The Central Bank of Nigeria (CBN) has dismissed reports that it intends to replace the naira notes in circulation with digital currency, the eNaira,...

2023: I Will Make Nigeria’s Economy Productive – Peter Obi

A presidential aspirant on the platform of the Peoples Democratic Party (PDP), Peter Obi has pledged to turn Nigeria from a consuming nation to...

Rising debts: We must look inwards — DMO Boss

Faced with rising debts, Africa must look inwards, the Director-General of the Debt Management Office, DMO, Ms. Patience Oniha, has advised.She spoke at the...

Naira Depreciates Against Dollar, Exchanges At N419

The Naira on Thursday depreciated at the Investors and Exporters window exchanging at N419 to the dollar, a 0.24 per cent depreciation, weaker than...

Twitter May Charge Slight Fee for Commercial, Govt users – Elon Musk

Elon Musk, the billionaire founder of Tesla Inc., says Twitter may charge a “slight” fee for commercial and government users.Musk disclosed this in a...

Oil Price tops $108 a Barrel Ahead of OPEC Meeting

Oil prices rose on Wednesday ahead of the periodic meeting of the Organisation of Petroleum Exporting Countries (OPEC) and its allies.Brent crude futures, the...

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